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To: Bucky Katt who wrote (6233)	11/9/2001 9:03:41 PM
From: Tom Dorsey	Respond to of 48461

No question the insurance industry as a whole has taken advantage of this tragedy. I am an independent insurance agent in Florida. Rates and terms of coverage have increased at an incredible rate. It was happening prior to 911, but that (IMHO) was a result of the insurance industry losing its investment income post the stock market decline from April 2000. Adding the 9/11 tragedy to the mix the prices have doubled..tripled..quadrupled depending upon the type of risk. IF..IF.. there are no catastrophic claims in the next 12-18 months (and btw companies are increasingly excluding terrorists type exposures in addition to increasing rates) these companies are going to have HUGE RESULTS!!! I hate it as I am the bearer of bad news to my clients, but companies like AIG, HARTFORD, and CNA should/will show HUGE gains over the next year. Just my opinion. Tom